Published
5 years ago on
October 29, 2018
“1 (one) minute of growth reactor operating time, which produces lab-grown diamonds. One minute is the smallest possible unit, so the tokens are non-divisible past this point. If a diamond plate takes 180.5 minutes to grow, it will consume 181 LKD.â€There is going to be just under 7 million tokens in circulation and the funds raised will be used to improve and expand the company's operations. Within the system, the tokens will have utility. Lab-grown diamonds happen to be a growing industry which advertises themselves on the fact they are more ethical. Like most industries which require entry into disadvantaged countries and massive labour forces, the diamond industry has its share of detractors. Despite this, not everyone thinks they are ethical. But the fact is is that they do not require the same amount of labour and if they become more then thousands will see themselves out of work. Of course, there isn’t anything unethical about helping a company grow and LakeDiamond is meeting a demand and needs to public assistance to get bigger. Swissquote feels like this is a good opportunity for investment for its account holders and so they have joined forces. What are your thoughts? Let us know what you think down below in the comments!
